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New to modding...wiikey 2 questions

FIRST POST

I just did a search and cannot find anything satisfying what I am looking for. Me and my brother recently got our wiikey 2 chip in the mail and we are trying to install it this weekend. I have a few questions about the procedure.

The wiikey 2 website does not tell me anything other than soldering information. I basically would like a general step-by-step guide to what happens after soldering.

Step 1: install wiikey 2 chip
Step 2: ....???
Step 3: .........???

I am under the impression that all I have to do is install the chip, insert the update disc and im good to go. Can you guys help me out? Anything to look for before we put the cover back on the console?

One more question i guess...do I actually need the homebrew channel? I am basically doing this to be able to play imported games (one game actually...). I thought the wiikey 2 had the "direct boot of import games". Doesnt this mean I shouldnt need anything else?

You cannot install The Homebrew Channel before you put in the chip, unless youn run the twilighthack, but why would you do that, if you're going to install a modchip? Just wait until the modchip is installed, and then pop in The Homebrew Channel iso and install it.The Homebrew Channel